q.12 Which of the following would shift the IS curve inwards?O a. An inflationary shockb. A reduction in business confidenceC. An increase in interest ratesO d. An increase in the money supplyQUESTION 12What condition(s) are necessary for disequilibrium unemployment to exist?O a. Wages to be stickyO b. The aggregate demand for labour is greater than the aggregate supplyO c. Wages are sticky and the aggregate supply of labour is greater than the aggregate demandOd. Wages are sticky and the aggregate demand for labour is greater than the aggregate supplyQUESTION 13What is explained by accelerator theory?O a. The way in which current inflation leads to greater future price risesO b. The way in which unemployment today depresses aggregate demand in future, creating more unemploymentOc. The way in which a small injection leads to a greater increase in GDPO d. The way a small change in national income leads to a greater increase in investmentQUESTION 14Click Save and Submit to save your answers and submit the test. Click Save All Answers to save your answers and continue taking the test.

12. In the market, disequilibrium refers to the situation when there is a mismatch between market…

QUESTION 12 What condition(s) are necessary for disequilibrium unemployment to exist? O a. Wages to be sticky Ob. The aggregate demand for labour is greater than the aggregate supply Oc. Wages are sticky and the aggregate supply of labour is greater than the aggregate demand Od. Wages are sticky and the aggregate demand for labour is greater than the aggregate supply

QUESTION 12 What condition(s) are necessary for disequilibrium unemployment to exist? O a. Wages to be sticky Ob. The aggregate demand for labour is greater than the aggregate supply Oc. Wages are sticky and the aggregate supply of labour is greater than the aggregate demand Od. Wages are sticky and the aggregate demand for labour is greater than the aggregate supply

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter23: Aggregate Demand And Aggregate Supply

Section: Chapter Questions

Problem 3CQQ

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